UC Berkeley spinout Ambi Robotics announced Tuesday the arrival of AmbiStack, a novel system that automates pallet packing. The system features an industrial robotic arm mounted above a conveyer belt that moves along the X and Y axes and lifts boxes up via suction cups mounted to a gripper. Once lifted from the conveyer belt, […]
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Geek Ventures is raising a Fund II, according to a recent SEC filing. The firm, founded in 2021 by Ihar Mahaniok, focuses on investing in early-stage immigrant founders. Mahaniok immigrated to the U.S. from Belarus and spoke to TechCrunch a few years ago about how hard the venture ecosystem can be for immigrants. “Talent is […]
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U.K. documents show that the U.K.’s Department of Business and Trade spent five years convincing Andreessen Horowitz to create a presence in London, only for the U.S. firm to leave 18 months after launching an office, according to government documents obtained by Sifted. In 2023, a16z launched a crypto office in London, deeming the crypto […]
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Amazon announced Monday it has picked the North England town of Darlington as the first site for its planned U.K. drone-delivery expansion. Amazon was expected to expand Prime Air to the U.K. and Italy in 2024. After missing that initial target, the company opted to not share a timeline for this latest launch. Instead, the […]
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Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million […]
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